PacWest Bancorp to sell real estate loans to Kennedy-Wilson unit
(Reuters) – Regional lender PacWest Bancorp said on Monday it had agreed to sell a portfolio of 74 real estate…
Morgan Stanley sees signals of panic buying in S&P 500, ongoing rally ‘a head fake’
Morgan Stanley equity strategists doubled down on their view that U.S. stocks are overvalued. In a regular weekly column published…
Ford signs battery material supply deals to charge up EV output
(Reuters) – Ford Motor Co on Monday unveiled three deals for the supply of lithium products, including lithium hydroxide, as…
India stocks higher at close of trade; Nifty 50 up 0.61%
India stocks were higher after the close on Monday, as gains in the IT, Technology and Green Energy sectors led shares higher. At the close…
Bank of America hikes year-end target for S&P 500 to 4300
Bank of America equity strategists lifted the year-end S&P 500 price target to 4300 from the prior 4000 to reflect updated target…
State Street to offer proxy voting choices to retail investors
(Reuters) – State Street Corp (NYSE:STT) will offer retail fund investors proxy voting choices, the firm said on Monday, moving ahead of…
Facebook given record $1.3 billion fine, given 5 months to stop EU-US data flows
(Reuters) – Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in…
EU Parliament delays renewable energy vote after late backlash
(Reuters) – The European Parliament has delayed a planned vote to approve new EU renewable energy targets, after France and…
Australia hits buy-now-pay-later sector with consumer credit law
(Reuters) – Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers…
Nvidia chips away at Intel, AMD turf in supercomputers
(Reuters) – Nvidia (NASDAQ:NVDA) Corp on Monday said it has worked with the U.K.’s University of Bristol to build a…